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The cheap-fare loophole had turned into a national racket. Tales of $300 round-trip fare to Europe and weekend jaunts to New York for relative peanuts were said to be common among Venezuelans — not just for the wealthy but... more ››

When the Venezuelan government defends itself from its critics, it usually points to declining poverty rates as proof of its success. For a while, this worked; poverty figures indeed improved during... more ››